Amortization
The reduction in value of an asset as a business cost over a period of years.
The fixed loan payment and amortization can be found on this chart.
She told me the amortization of the loan may decrease by next year.
There are some discrepancies in the amortization schedule.
The mortgage amortization could have been discounted during its first five years.
There are some factors to consider besides amortization rates.